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{
    "id": 592780,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/592780/?format=api",
    "text_counter": 323,
    "type": "speech",
    "speaker_name": "Hon. Ganya",
    "speaker_title": "",
    "speaker": {
        "id": 18,
        "legal_name": "Francis Chachu Ganya",
        "slug": "francis-ganya"
    },
    "content": "As a Committee, we rejected this amendment from the Senate. The amendment reduces the time within which a holder of a mining licence, whose planned capital expenditure exceeds the prescribed amount, can raise its equity from the stock exchange from four to three years. We felt this amendment is unfriendly to investors. It is about whether the duration should be four or three years. We feel four years is desirable to attract investors. On that basis, we disagreed with the Senate amendment."
}